Kylie Cosmetics Worth a Whopping $420 Million
Kylie is turning 20 today, but her cosmetics company is already on its way to becoming a billion dollar brand. Kris Jenner, Kylie’s mother and manager, told Women’s Wear Daily that the makeup mogul’s company has already achieved $420 million in sales.
The younger Jenner launched her first products in November of 2015, expanding her brand to Kylie Cosmetics by February 2016.
If we compare the growth of Kylie’s beauty empire to that of other leading makeup brands, this upward trajectory is particularly impressive. WWD reports that it took Tom Ford Beauty a decade to reach profits of $500 million, while it took Bobbi Brown 25 years to attain a billion-dollar status.